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The gross fixed investment in an economy during a year is Rs. 200 Crore. The economy possessed Rs 1200 Crore worth of fixed capital at the beginning of the year and the rate of depreciation is 10% per annum. What is the net value of fixed capital stock held at the end of the year?

[A].	Rs 1600 crore	[B].	Rs 920 crore
[C].	Rs 1280 crore	[D].	Rs 1200 crore

Answer: Option C

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